TresVista announces Rs 10L for family of deceased employee

If a married employee faces loss of spouse or if an unmarried employee loses a parent, due to COVID-19, a one-time lumpsum amount of Rs 3 lakhs will be given to the employee

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While most companies are offering financial aid, medical insurance and vaccination to all their employees and their families, TresVista is offering aid to even the employees who lose their spouse or parent to COVID. Yes, the Company is offering a lumpsum amount of Rs 3 lakhs to a married employee who loses his/her spouse or an unmarried employee who loses a parent to COVID-19. On the demise of a serving employee, TresVista is offering an amount of Rs 10 lakhs or the equivalent of the employee’s gross annual salary, whichever is higher, to the nominated family member.

The Company, which provides high-end outsourced support to corporates, asset managers, and entrepreneurs, has reiterated its commitment to employee well-being by announcing a host of employee support initiatives.

Sudeep Mishra, co-founder & managing director, TresVista, said, “We feel privileged to be in a position to help our employees and fast-track financial help to those in distress, which is the goal of the Covid related aid package.”

Employees can obtain salary advances and interest-free loans from the specially-allocated company corpus in case of medical emergencies for themselves and their families. While the Group’s current medical insurance policy includes COVID-19 coverage for all employees, the firm has increased the sum assured by 50 to 100 per cent across designations.

Earlier, the Company had announced measures including caregiver’s leaves, bonuses, vaccination reimbursements, and more. Also, TresVista has been organising vaccination drives in Mumbai, Pune, Delhi, Kolkata, and Bangalore for its employees, immediate family members, and any other people living with them.

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